Data Center - Oman

Oman

Revenue in the Data Center market is projected to reach US$60.12m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$37.96m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.02%, resulting in a market volume of US$75.95m by 2028.
In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Oman is experiencing significant growth and development in recent years.

Customer preferences: Customers in Oman are increasingly demanding high-quality and reliable data center services. They expect data centers to provide robust security measures, efficient cooling systems, and scalable infrastructure to meet their growing needs. Additionally, customers are looking for data centers that offer low latency and high-speed connectivity to ensure seamless access to their data and applications.

Trends in the market: One of the key trends in the Data Center market in Oman is the increasing adoption of cloud computing services. Organizations are transitioning from traditional on-premises data centers to cloud-based solutions to leverage the benefits of scalability, cost-efficiency, and flexibility. This trend is driving the demand for data centers that can support cloud infrastructure and provide reliable connectivity to cloud service providers. Another trend in the market is the growing focus on sustainability and energy efficiency. Data centers consume a significant amount of energy, and organizations are now more conscious of their environmental impact. As a result, there is a demand for data centers that employ energy-efficient technologies, such as advanced cooling systems and renewable energy sources, to reduce their carbon footprint.

Local special circumstances: Oman's strategic location between Asia, Africa, and Europe makes it an attractive destination for data center investments. The country serves as a gateway to the Middle East and offers a stable political and economic environment, making it a favorable location for businesses looking to establish a presence in the region. Additionally, Oman's government has been proactive in promoting the development of the data center industry by providing incentives and creating a favorable regulatory environment. These factors have contributed to the growth of the Data Center market in Oman.

Underlying macroeconomic factors: The growth of the Data Center market in Oman is also influenced by several underlying macroeconomic factors. The increasing digitization of businesses and the rising adoption of emerging technologies, such as artificial intelligence and the Internet of Things, are driving the demand for data center services. Additionally, the rapid growth of data generation and storage requirements is fueling the need for data centers with large storage capacities and high processing power. Furthermore, the COVID-19 pandemic has accelerated the digital transformation efforts of organizations, leading to a greater reliance on data center infrastructure. In conclusion, the Data Center market in Oman is experiencing significant growth and development due to customer preferences for high-quality and reliable services, the adoption of cloud computing, the focus on sustainability, the country's strategic location, and underlying macroeconomic factors such as digitization and the COVID-19 pandemic.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.